LWULiteratur in Wissenschaft und Unterricht (German: Literature in Science and Teaching)
LWULocal Water Utility (Local Government and Shires Associations; New South Wales, Australia)
LWULongwood University (Farmville, VA)
LWULithuanian Workers' Union (trade union)
LWULogical Work Unit
LWULand Warfare University
References in periodicals archive ?
In section 5 we propose the issuance of an asset-backed security by New South Wales LWUs, where the investor's claim is on the revenue stream of the LWUs.
In the current context, it is unlikely that LWUs would need to make use of an SPV in order to generate a lower credit rating on the bond.
In this section, we attempt to calculate the approximate cost of long-term debt to LWUs making use of equation (1.
In particular, individual LWUs could approach financial institutions to determine the relative cost of capital from individual borrowing, rather than the collective approach outlined here.
Of crucial importance to the success or otherwise of the debt issuance is the ability of the LWUs to service both the annual coupon payments and repayment of the principal upon maturity.
According to the DEUS (2006), the aggregate turnover of LWUs for the financial year 2004-05 was $850 million, excluding grants received for capital works.
As outlined in section 2, DEUS estimated that aggregate financial assets held by LWUs for the purpose of asset renewal at $1.
5 million, LWUs are financially advantaged through the funding of infrastructure renewal via long-term debt rather than retained equity.
It is most likely that LWUs would not raise the entire $955 million from a single market issue for two reasons.
While this risk is unlikely to be correlated with the returns on a portfolio of risky financial assets, since demand for the services of LWUs is relatively income inelastic (see, for instance, Hoffman et al.
For example, the federal government could stipulate that the necessary portion of Financial Assistance Grants paid from the federal government to local councils (via the states) must first go toward payment of coupon obligations of defaulting LWUs.